Braskem provides the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil. The company supplies electricity and inputs to second-generation producers.
Its portfolio also includes sells utilities, such as steam, water, compressed air and industrial gases, industrial services, and engages in the production, supply, and sale of electric energy and gas.
It also produces and sells polyethylene, including the production of green PE made from renewable resources, and polypropylene; and polyvinyl chloride and caustic soda, as well as thermoplastic resins
Basic petrochemicals. It has operations globally. Founded in 1972 and headquartered in São Paulo, Brazil, Braskem was formerly known as Copene Petroquímica do Nordeste S.A. before rebranding in 2002.
What does Braskem S.A. do and what are its main products?
Braskem S.A. is a Brazilian company that manufactures, sells, imports, and exports chemicals, petrochemicals, and fuels. Its main products include polyethylene (including green PE made from renewable resources), polypropylene, polyvinyl chloride (PVC), caustic soda, thermoplastic resins, and basic petrochemicals. The company also supplies utilities such as steam, water, compressed air, and industrial gases, and provides industrial services. Additionally, it engages in the production, supply, and sale of electric energy and gas. Braskem sells these products to second-generation producers and has a global operational footprint.
On which stock exchange is Braskem listed and in what currency?
Braskem S.A. is listed on the New York Stock Exchange (NYSE) under the ticker symbol BAK. Its shares trade in US Dollars (USD). The company is headquartered in São Paulo, Brazil, and its primary operations are in Brazil, but it has a global presence. The NYSE listing provides international investors access to the company's stock.
What sector and industry does Braskem operate in?
Braskem operates in the Basic Materials sector, specifically within the Chemicals industry. This means the company is involved in the production of fundamental chemical substances used as inputs for a wide range of other industries. As a chemicals company, Braskem transforms raw materials like petroleum and natural gas into petrochemicals and polymers, which are then used to manufacture plastics, packaging, construction materials, and many other products. Its focus on basic materials places it at the early stage of the industrial supply chain.
Where is Braskem headquartered and what markets does it serve?
Braskem is headquartered in São Paulo, Brazil, and was founded in 1972. It was originally known as Copene Petroquímica do Nordeste S.A. before rebranding in 2002. While its primary operations are in Brazil, the company has a global reach, serving customers worldwide. Its products, such as polyethylene and polypropylene, are exported to various international markets. The company's description highlights that it has operations globally, indicating a broad geographic presence beyond its home country.
How does Braskem make money and what is notable about its product portfolio?
Braskem generates revenue through the manufacture and sale of chemicals, petrochemicals, and fuels. It also earns income by supplying utilities like steam, water, compressed air, and industrial gases, as well as providing industrial services and selling electric energy and gas. A notable part of its portfolio is the production of green polyethylene (green PE) made from renewable resources, which differentiates it from traditional petrochemical companies. Additionally, Braskem produces polyvinyl chloride (PVC), caustic soda, and thermoplastic resins. The company sells its products to second-generation producers, who use them as inputs for further manufacturing.